Spot Rates Up 50%, Rail Volumes at Highs

AI Summary

US truckload spot rates are reported up 50% year over year, while intermodal contract rates remain steady and rail volumes are at high levels. The rate gap is producing road-to-rail savings of nearly 30%, according to the freight market update.

Unlock critical freight market insights with Sonar’s new MCP offering. Learn how AI can access real-time data on truckload and intermodal rates, volumes, and capacity. In this update, we dive into the current market: spot rates are up 50% year-over-year, while intermodal contract rates remain steady, driving road-to-rail savings near 30%. Discover how domestic intermodal […] The post Spot Rates Up 50%, Rail Volumes at Highs appeared first on FreightWaves.